Cool now I know, who to watch and learn from. My current thoughts are to look for a slow move up to around 1.5451 then reverse, and have price test the resistance around 1.5400. My bias is that it is going to eventually break through to the ...

EURUSD

I rarely read anyone elses opinion and when I saw the first post about an article saying traders were long, I broke down. Broke my rules and looked. But I didn't really read it because I know better. Ask yourself questions, the author, " Written by ...

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It does not say "63% of traders" it says "RETAIL TRADERS". I hope this helps, but think about who the market makers are. Someone can correct me if I'm wrong, but most retail traders have very little effect on the market since their orders are ...

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[quote=steelhead;2147724] Thank you, I put in a minor trade long and reduced my short exposure when I realized everyone seems short. With a stop loss every trade is a win.

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Short — No replies I will take that to mean we are all short here. I thought when all retail traders started thinking the same that someone would take their money.

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Consensus — The consensus in this thread is momentarily reflected in the market. Bring back the Bulls. Is anyone here looking for a retrace from this level?

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FOMC — It seems like everyone is fairly certain there will be no change. Now a change would be cool since everyone is so certain. Unfortunately very few cool things happen.

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Waiting for what?

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61.8 — Looks like the 61.8 Fib held, well where I have it on my chart anyway. Could use a little break.

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Commercials wouldn't be this fanatic about getting as much distance from that upper trend boundary before the news releases tomorrow. I will be playing short for some time, .... until I'm not. When does greed kick in? Who's printing press is this?

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Lessons — I say something like that at least once a month, because I have to re-learn that lesson at least once a month. Every month of every year.

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Indicators — One of my indicators is acting up to day. It’s a special indicator called the Shadowfx/Jurrasic Correlation Index. Its easy to use, when the Shadowfx line and the Jurrasic line are moving in the same direction and all other ...

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Fixed profit points — Ok today I learned as I had in the past that fixed profits are important, especially to take them. Still way ahead this week in trading up 10% but it could have been a little better. This is what happened I figured my TP ...

One piece at a time

Not good news for the responsible American Tax payer, more debt and the innocent paying for the mistakes of other's poor financial decisions, their not victims. I wish when I made a bad decisiion in Forex that someone would cover me. OK NOBODY ...

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Closed some winners — You know, just like yesterday when someone posted that they pulled their stop and I think probably regreted, we all do that on occasions to regret it. I hadn't set a hard TP and was going to push the button and didn't, ...

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Short — I'm short, stocks look good, gold looks good, resistence still testing but, hey no guts no glory. I'm going 1:1 risk reward, not great but still have room from yesterday to play.

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Exhuberance — Good, my exhuberance needed to be put in check. I'll be looking to get in and go short for 15 pips, if this can stay below the 1.5553 to 1.5550 price area. Gold slowly coming back up, it took a dive with the Euro, US stocks still ...

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If you were a bull — If you were a bull would you panic right now and what would that do to the price. Or do you wait for oil and hope?

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Good numbers for short — Pre-market players are strong stocks now. Also gold down over $1.00 right now. Looks good for shorts. Don't know how much oil can affect this today.

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Hindsight is always clearest — That was a great trade.

One piece at a time